Consolidated Balance Sheets - USD ($)
$ in Thousands |
Dec. 31, 2016 |
Dec. 31, 2015 |
| Current assets |
|
|
| Cash |
$ 5,110
|
$ 5,918
|
| Cash - restricted |
1,308
|
0
|
| Trade receivables (net) |
47,267
|
50,101
|
| Accounts receivable from related party |
501
|
388
|
| Other receivables |
1,332
|
1,743
|
| Inventory (net) |
90,901
|
99,846
|
| Prepaid expense and other |
4,745
|
4,393
|
| Current assets of discontinued operations |
|
37,360
|
| Total current assets |
151,164
|
199,749
|
| Total fixed assets (net) |
37,241
|
41,381
|
| Intangible assets (net) |
56,809
|
63,675
|
| Goodwill |
70,248
|
71,337
|
| Other long-term assets |
1,978
|
3,003
|
| Deferred tax asset |
545
|
216
|
| Non-marketable equity investment |
|
5,752
|
| Long-term assets of discontinued operations |
|
16,310
|
| Total assets |
317,985
|
401,423
|
| Current liabilities |
|
|
| Notes payable—short term |
27,408
|
27,212
|
| Current portion of capital lease obligations |
338
|
1,004
|
| Accounts payable |
45,778
|
53,601
|
| Accounts payable related parties |
4,373
|
1,611
|
| Accrued expenses |
16,658
|
17,708
|
| Other current liabilities |
2,150
|
2,030
|
| Current liabilities of discontinued operations |
|
16,870
|
| Total current liabilities |
96,705
|
120,036
|
| Long-term liabilities |
|
|
| Revolving term credit facilities |
35,562
|
38,872
|
| Notes payable |
49,986
|
64,174
|
| Capital lease obligations |
6,004
|
5,850
|
| Convertible note-related party (net) |
6,862
|
6,737
|
| Convertible note (net) |
14,098
|
13,923
|
| Deferred gain on sale of building |
1,058
|
1,288
|
| Deferred tax liability |
3,242
|
1,790
|
| Other long-term liabilities |
4,906
|
7,198
|
| Long-term liabilities of discontinued operations |
|
11,255
|
| Total long-term liabilities |
121,718
|
151,087
|
| Total liabilities |
218,423
|
271,123
|
| Commitments and contingencies |
|
|
| Equity |
|
|
| Preferred Stock—Authorized 150,000 shares, no shares issued or outstanding at December 31, 2016 and December 31, 2015 |
|
|
| Common Stock—no par value 25,000,000 shares authorized, 16,200,294 and 16,072,100 shares issued and outstanding at December 31, 2016 and December 31, 2015, respectively |
94,324
|
93,186
|
| Paid in capital |
2,918
|
2,630
|
| Retained earnings |
(18,572)
|
16,588
|
| Accumulated other comprehensive loss |
(4,272)
|
(5,392)
|
| Equity attributable to shareholders of Manitex International, Inc. |
74,398
|
107,012
|
| Equity attributable to noncontrolling interest |
25,164
|
23,288
|
| Total equity |
99,562
|
130,300
|
| Total liabilities and equity |
$ 317,985
|
$ 401,423
|